With rising life expectancies, it is possible that individuals will outlive their traditional retirement savings. A qualified longevity annuity contract (QLAC) provides a potential solution. What is a QLAC? A QLAC is a fixed deferred annuity, meaning it ensures a continuous stream of income from an agreed-upon start date. This guaranteed income stream is achieved […]

The summer season is here (and so are some summer-time related puns to keep tax fun).  We have a treat for your beach reading pleasure; the second in a series of posts which we refer to as Everything you didn’t learn about taxes in school. 1.     Don’t ever get tide down by penalties and interest and file […]

The holiday season is here, and we have a gift for you! The first in a series of posts geared towards making tax clearer, which we refer to as Everything you didn’t learn about taxes in school, provides seven US year-end tax tips to make 2022 as pain-free as possible.  Donate to a US Charity. In the […]

The days of US persons hiding their money in Swiss accounts is coming to a screeching halt. If a foreign bank account (specifically Swiss in this case) had at least $50,000 at any point since 2013 and it was not disclosed to IRS, keep reading as Swiss banks may be inadvertently tattling in the coming […]

We first published the potential issues around working from home in July 2020. Below is an update. Imagine it is the first week of March 2020, you are sitting at a restaurant in California, sans mask of course, when you start to talk to your friends about this virus that is tearing through Italy and seems to […]